Turnkey side by side duplex, highly desirable neighborhood within 4 blocks of Maynards and downtown Excelsior. Lush level lawn with peaceful wetland views out the back deck or lower patio. Both units feature 2 upper-level bedrooms and full baths. Lower-level walkouts include 3/4 baths. The current owners unit lower level includes a kitchenette with frig and sink. Both sides have maple and bamboo flooring in kitchens and bedrooms, washer/dryer units in each lower level. A separate garage comes with each unit. Sellers have occupied and thoroughly renovated over the past 12 years. Renter turnover has been minimal.
Closed
Street View
$660,000
529 Wheeler Dr, Excelsior, MN 55331
4beds
4baths
2,330sqft
Multi Family
Built in 1966
-- sqft lot
$674,400 Zestimate®
$283/sqft
$3,645 Estimated rent
Home value
$674,400
$620,000 - $735,000
$3,645/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael C Kozel 612-597-1996,
Coldwell Banker Realty
Bought with:
Terry Friedlein
Keller Williams Premier Realty Lake Minnetonka
Jeff P Stedman
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6741843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Lower Level, Washer Hookup
Features
- Basement: Block,Finished,Owner Access,Partially Finished,Single Tenant Access,Walk-Out Access
Interior area
- Total structure area: 2,330
- Total interior livable area: 2,330 sqft
- Finished area above ground: 1,664
- Finished area below ground: 666
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener, Multiple Garages
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22 x 24), Garage Door Height (7), Garage Door Width (8)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
- Pool features: None
- Fencing: None
Lot
- Size: 0.25 Acres
- Dimensions: 70 x 152
- Features: Tree Coverage - Light
Details
- Foundation area: 860
- Parcel number: 3511723240022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Brick, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected, City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
Community & HOA
HOA
- Amenities included: Deck
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $481,100
- Annual tax amount: $5,867
- Date on market: 6/27/2025
- Cumulative days on market: 35 days
- Tenant pays: All Utilities, Cable TV, Electricity, Gas, Trash Collection, Water
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Listing removed | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2025 | Price change | $1,900-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2025 | Price change | $2,000-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2025 | Price change | $2,200-4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2025 | Price change | $2,300-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Listed for rent | $2,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Listing removed | $2,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Price change | $2,350-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Listed for rent | $2,400+72%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2025 | Sold | $660,000-2.8%$283/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6741843 Report a problem | ||
| 8/1/2025 | Pending sale | $679,000$291/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6741843 Report a problem | ||
| 6/27/2025 | Listed for sale | $679,000+228%$291/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6741843 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/8/2017 | Listing removed | $1,395$1/sqft |
Source: Owner Report a problem | ||
| 4/25/2017 | Listed for rent | $1,395$1/sqft |
Source: Owner Report a problem | ||
| 2/8/2013 | Sold | $207,000-28.4%$89/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1989345 Report a problem | ||
| 6/5/2012 | Sold | $289,143$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,376 +8.1% | $481,100 -2.4% |
| 2024 | $5,898 +13.6% | $492,900 +6.7% |
| 2023 | $5,193 +5.5% | $461,900 +5.7% |
| 2022 | $4,921 +3.3% | $437,000 +15% |
| 2021 | $4,762 +3.5% | $380,000 +3% |
| 2020 | $4,602 -3.4% | $369,000 +6.3% |
| 2019 | $4,762 +3.5% | $347,000 +1.2% |
| 2018 | $4,602 +7% | $343,000 +5.5% |
| 2017 | $4,302 -1.2% | $325,000 +2.2% |
| 2016 | $4,357 +0.1% | $318,000 +6.7% |
| 2015 | $4,352 +5.9% | $298,000 +24.2% |
| 2014 | $4,109 +9.9% | $240,000 -9.4% |
| 2013 | $3,738 +3.1% | $265,000 -1.5% |
| 2012 | $3,625 +1.4% | $269,000 -1.5% |
| 2011 | $3,574 +2.9% | $273,000 -7.1% |
| 2010 | $3,474 +5.1% | $294,000 -1% |
| 2009 | $3,307 +21.7% | $297,000 +27.5% |
| 2006 | $2,717 -14.7% | $232,900 +15% |
| 2005 | $3,186 +9.3% | $202,600 +15% |
| 2004 | $2,916 +5.1% | $176,200 +13.5% |
| 2002 | $2,773 -18.9% | $155,300 |
| 2001 | $3,421 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby homes
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Nearby schools
GreatSchools rating
- 10/10Excelsior Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$674,400
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Estimated market value
$674,400
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 529 Wheeler Dr
Nearby cities
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